About your Search

20130101
20130131
Search Results 0 to 8 of about 9
is an update from an old friend and pair of ours, author of "beyond outrage" and steve moore, i guess robert reich attacks things, but why is it your democratic friends never want to cut spending and never want to shrink the government? why is that? >> i think a lot of documents are willing to cut spending that maybe you would agree with, larry. the problem with this bill, the biggest problem is it doesn't deal with the debt ceiling. we are going to have trench warfare and this is not going to end. >> the debt ceiling which is a scary thing. the republican's last shot at leverage, but markets get real nervous as i do when you start messing around with the us credit worthy news. and during the negotiations the democrats had no interesting spending. let me say one thing about this deal. if you look at the specifics of the deal, you know, it is not such a terrible thing, it is probably the best that republicans could get. but i want to make this point loud and clear. this is raising taxes on investment and businesses. i don't see anything good about it for the markets. we finally have resolutio
to our panel. joining us now democratic strategist john halinko and steve moore, i love this. harry reid today wants to turn an across the board spending cut into a tax hike. >> it is hard for president obama to make the case against it because it was barack obama's idea in the first place to have it. now democrats are sprinting from it. the reason is democrats thought republicans wouldn't be able to swallow the sddefense cuts. but they came to the conclusion, it is the only way to cut spending and the idea that we are going to transfer and get rid of the sequester and raise taxes. if any single republican voted for that, i would want them extracted from the party. it is the opposite of what we want. we had the biggest tax increase weeks ago. >> what is the president's position going to be? is he going to team up with harry reid and turn this into a tax hike xwbill? >> what we need to do is focus on the long-term deficit. i agree. you raised the point about the need to get together and come up with a deal and eliminate the deficit, that would be great. but cutting a massive, massive cut
, the other one. >> a.c. moore? >> yeah. a.c. moore on all the time. >> i don't remember. >> he did not buy -- he is at argus research, a.c. moore. we got to hire this guy. he could be an expert on -- >> all the time. >> we'll have alan dodd frank on -- >> dodd-frank, if it were repealed, would he have less value? >> he was repealed, i think. where is he now? i'm sorry. did that -- >> let's go -- >> those were my kleenex. stay away from them. >>> let's go across the bond. time for the "global markets report." kelly evans is standing by. is there a famous company or legal provision named kelly evans? >> there's a kelly girl. they're -- they were temporary secretaries, weren't they? >> exactly. there was -- i saw a mug in the back here, guys, in the coffee room that says "kelly: talent at work." i think it refers to a temporary employment agency. it's become my favorite mug. in any case, it works a little bit. there's also evans cycles over here. evans cycling or something. remember,veyanc evans, a common name. i see it more here than back in the u.s. speaking of what's happening in europe, l
, and that goes to the op-ed by moore on monday that the president doesn't believe there's a spending issue at all and this hand-picked selection probably has similar views. >> oh, boy. already. put your seat belts on and get ready for a rough ride again. thanks, guys. we'll keep digesting this and watching the news. scotty? >> let's check in with seema modi to find out what's moving at the nasdaq today. >> have to start with facebook. shares continue to stage a strong comeback, stocks hitting 30 bucks a share, first time since july of 2012. a lot of anticipation about what facebook will announce at its mystery press event next tuesday. traders seem to be buying into the stock ahead of that event. another space that we'll continue to watch, biotech. a lot of bullish commentary out of that jpmorgan health care conference. that's helping the nasdaq biotech index outperform the nasdaq composite. some of today's winners including regeneron and celgene and there's one name not joining in on the biotech rally and that's idenix pharmaceutical saying they need more time to review its experimental hepatiti
don't know, but i like what kate moore had to say. >> what you're saying basically is you've got to be in the market but look for the right places because we'll see selloffs along the way, nathan. >> we'll absolutely see some selloffs. >> thanks, gentlemen. >> no doubt about it, maria. >> see you soon. thanks a lot, guys. stocks snapping the two-day losing streak. bertha coombs is here with the session's big movers, winners and losers. bertha, what can you tell us? >> reporter: leading the way higher today, some of them getting a little bit of a boost perhaps from the jpmorgan health care conference. in the spotlight, a lot of them. take a look at that sector, the s&p health care sector hitting a 52-week high and danaher after an all-time high after pre-announcing strong fourth quarter earnings. vaccines and medical products mckesson a fresh all-time high and seagate, meantime, led the s&p percentage gainers after pre-announcing better than expected fiscal second quarter results and hospira at a three month high. today we're seeing stronger volume, and closing the day at the high
the tuna is taken to a factory ship moored a short distance away. japanese buyers from mitsubishi-- yes, that mitsubishi-- are on board too. they pay big bucks for big bluefin, and they'd like to buy the whole catch, 600 in all. the fish are weighed and measured, and most are simply not big enough. only 54 will make the trip to tokyo. [ticking] >> coming up, the new bluefin tuna killing fields. >> and if this trend continues? >> all i can say is that if we carry on like this, we are bound to catastrophe. i mean, it's as simple as that. no more fish, no more industry, no more culture. >> the king of sushi continues when 60 minutes on cnbc returns. a have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, yeah, you know, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobil
. stephen moore, the president doesn't believe there's a problem. do you believe that the material in that op-ed is correct? do you think in your opinion that the government believes the president specifically doesn't believe we have a spending problem? >> the president does need to wake up and assess his surroundings. we are fixing to have the inauguration in a week or so. the debt will stand at a little other 16 trillion. by the time the next permit is inaugurated, the national debt will be $22 trillion. who cannot say there's a serious problem with being awash in red ink, and it threatens the fabric of our republic. >> i don't disagree. yesterday the nominee to replace timothy geithner is jack lew. keep in mind he's problem the professor and frankenstein that created the monster known as the current budget, even for bush when i look at mr. lew and the comments made by stephen moore regarding the president, this is a duo that i don't think will make the job of tackling spending any easier. am i missing something, congressman? >> no, if i read woodward's book correctly, wasn't it
. national debt, $16.4 trillion. recent cuts, this is questionable. because not counting moore's, i'm not so sure. that's still the same number that was on the original board. of course, we took away the eight zeros. let's do that. we're taking away the eight zeros in every case. i'll tell you why we're going through this exercise again. basically, what that leaves us with here is, and we'll get rid of all the non-descripts, about 24,500 on the family income, about 35,000 on the debt of the -- or excuse me, the budget of the family. around 10,000 in new debt. the current debt is about 164,000. and we're only cutting about $385. but let's go to recent reads, okay? the recent read is we have 52,000 per citizen. a little over 1 million per taxpayer on underfunded liabilities. and that comes out to about 3 million per citizen on underfunded licts. so i think in essence our politicians have created a new program. you want to know what i call that program? i call that program all kids left behind. all kids left behind. are we proud of that? because that's exactly what we've done. all kids left beh
moore still ahead. >> when we come back, the ceo of micro-devices, making chip components for cell phones and cable mo-demps coming out with better than expected revenue yesterday after the bell and we'll talk with the ceo. >>> today, all eyes on apple and netflix earnings. is branching out building netflix bottom line? today, 4:00 p.m. eastern on cnbc. >>> welcome back, everybody. rf micro-devices manufacturers components for high performance semiconductors. the company came in with better than expected earnings and revenue. the ceo joins us to talk a little bit about it. thank you for being here this morning. >> good morning. thank you for having us. >> the stock is up after the company came up with better than expected results? what do you really see happening at this point, specifically when it comes to cell phones and devices we had a lot of questions about? >> as far as the market goes, we saw tremendous growth in the market in the december quarter. it's clear mobile data is what everybody wants, from all walks of life, entry level to the mid-tier to high tier. everybody want
Search Results 0 to 8 of about 9